Call reports 2008
BANK OF THE SOUTHWEST — 2008
What BANK OF THE SOUTHWEST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 144,488,000 | 144,359,000 | 142,786,000 | 143,714,000 |
| Total loans | 118,458,000 | 120,639,000 | 117,708,000 | 115,976,000 |
| Allowance for loan losses | 1,187,000 | 1,183,000 | 1,146,000 | 1,121,000 |
| Securities available for sale | 185,000 | 173,000 | 163,000 | 156,000 |
| Securities held to maturity | 1,447,000 | 1,173,000 | 2,134,000 | 2,116,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,827,000 | 118,084,000 | 119,429,000 | 120,901,000 |
| Interest-bearing deposits | 102,099,000 | 102,250,000 | 99,922,000 | 100,449,000 |
| Noninterest-bearing deposits | 16,728,000 | 15,834,000 | 19,507,000 | 20,452,000 |
| Equity capital | 12,375,000 | 12,270,000 | 13,136,000 | 12,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,046,000 | 5,963,000 | 8,795,000 | 11,452,000 |
| Interest expense | 472,000 | 884,000 | 1,265,000 | 1,631,000 |
| Net interest income | 2,574,000 | 5,079,000 | 7,530,000 | 9,821,000 |
| Noninterest income | 314,000 | 660,000 | 1,008,000 | 1,300,000 |
| Noninterest expense | 1,864,000 | 3,785,000 | 5,781,000 | 7,735,000 |
| Provision for loan losses | 59,000 | 163,000 | 290,000 | 486,000 |
| Pretax income | 965,000 | 1,791,000 | 2,467,000 | 2,900,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 965,000 | 1,791,000 | 2,467,000 | 2,900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,380,000 | 12,275,000 | 13,142,000 | 12,900,000 |
| Total capital | 13,595,000 | 13,483,000 | 14,321,000 | 14,060,000 |
| Risk-weighted assets | 118,455,000 | 121,417,000 | 118,119,000 | 105,460,000 |